Oil and gas: page 28

Kazan. PJSC TATNEFT and OOO Volkswagen Grupp Rus are launching a joint project “For Clean Present. For Healthy Future".
The project presentation in a press conference format was held at the TTC-24 dealer center in Kazan on December 26 with the participation of representatives from ...

Saudi Arabia. Saudi Aramco is establishing a domestic fuel retailing subsidiary as part of the national oil company’s drive to expand beyond crude oil production into downstream businesses.
The new firm, Saudi Aramco Retail Co, will create a network of filling stations within Saudi ...

Republic of Tatarstan. A solemn ceremony of awarding the grants of TATNEFT Company took place at the Neftche Palace of Culture in Almetyevsk (the Republic of Tatarstan) on December 25.
The event was attended by R. N. Mukhamadeyev, Deputy General Director of PJSC TATNEFT, A. R. Khairullin, ...

Russian President Vladimir Putin suggested that domestic businesses should take part in the development of the natural gas based motor fuel market in the country.
"I would like to propose the following initiative to our leading companies: to take part in the development of the market of ...

Seoul. Oil fell on Thursday after soaring 8 percent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support.
Brent crude oil futures were down 8 cents, or 0. 15 percent, at ...

Moscow. Oil in London fell below $50 a barrel for the first time since July 2017 as broader financial market turmoil and worries over U. S. supply countered signs the OPEC+ coalition may extend or deepen output cuts.
Futures fell as much as 1. 1 percent, after 6. 2 percent drop. ...

Moscow. Russia and Belarus should elaborate proposals on gas pricing from 2020, First Deputy Prime Minister of Russia Anton Siluanov told reporters after the bilateral summit.
"We have gas pricing - we should decide on this issue and work out proposals on pricing for this kind of ...

Baku. Kazakh oil and gas construction company KazStroyService (KSS) is implementing 8 projects in three countries, told Rashid Shirinov.
In Kazakhstan, they include the construction of the Kyzylorda-Astana section of the Saryarka Gas Pipeline project; civil Installation of the Multi Well ...

Berlin. Russia and Europe depend on each other in energy supplies and the situation will remain unchanged when the Nord Stream 2 pipeline is put into operation, a lawmaker for the German Green party, Jurgen Trittin, said in an interview.
"Saying that it [Nord Stream 2] will make us ...

Seoul. Oil prices were mixed in thin trading on Wednesday as the U. S. benchmark rebounded from steep losses in the previous session, even though concern over the health of the global economy continued to overshadow the market in the longer term.
U. S. West Texas Intermediate (WTI) crude ...

Moscow. The Fuel and Energy Suppliers Rating Center announced the results for 2018. The Oil and Gas Information Agency (Angi. ru) was the winner in the “Oil and Gas Advertizing-2018” section.
Seven oil and gas advertising sites competed for the title of the best industry-related ...

Moscow. Russia is ready to ensure gas deliveries under long-term contracts to the European Union even in absence of a new agreement on gas transit with Ukraine by December 2019, Russian Energy Minister Alexander Novak said.
"Under any circumstances, we guarantee the deliveries of ...

Baku. A new offshore platform №12 was commissioned at the Bulla-Deniz field in the Azerbaijani sector of the Caspian Sea, Trend reports referring to the Azerbaijani state oil company SOCAR on Dec. 24.
The construction of the platform was launched in 2017 by the Oil and Gas ...

Moscow. Russia has earned at least $120 billion over the two years after signing an agreement with OPEC+ countries due to oil price adjustments, Russian Energy Minister Alexander Novak told in an interview.
"Over the two years of the agreement with OPEC+, Russia earned at least an ...

New York. Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.
U. S. crude futures CLc1 and global benchmark Brent LCOc1 hit their lowest levels since 2017 ...

Moscow. A commissioning ceremony for Power Unit No. 1 of the Grozny Thermal Power Plant (TPP) took place in Grozny.
Taking part in the event were Valery Golubev, Deputy Chairman of the Gazprom Management Committee, Alexander Matovnikov, Presidential Plenipotentiary Envoy to the North ...

Moscow. A meeting of the Technological Council of Rosneft Oil Company, established under the ROSNEFT-2022 Strategy, was held. The Technological Council is an advisory board designed to facilitate the Company’s development strategy implementation in the areas of technology and innovation, ...

Kuwait. October’s production levels will be the reference point for oil output cuts for most OPEC and non-OPEC producers that agreed on cuts earlier this month, the UAE’s energy minister said on Sunday.
September levels will be the reference point for a few of the producers, ...